Ryanair Holdings plc (RYA) — Capital Reinvestment Ratio
Ryanair Holdings plc (RYA) has a Capital Reinvestment Ratio of 1.53x as of September 2025, meaning it reinvests 2% of its operating cash flow (€320.90 Million) in capital expenditures (€490.50 Million). See Ryanair Holdings plc net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ryanair Holdings plc Capital Reinvestment Ratio (1996–2025)
This chart tracks Ryanair Holdings plc's Capital Reinvestment Ratio across 29 annual periods. Check RYA total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Ryanair Holdings plc (1996–2025)
Year-by-year Capital Reinvestment Ratio for Ryanair Holdings plc from 1996 to 2025. For live market cap and broader valuation context, see Ryanair Holdings plc stock valuation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.45x | €3.42 Billion | €1.55 Billion | ▼ -40.0% |
| 2024 | 0.76x | €3.16 Billion | €2.39 Billion | ▲ +53.9% |
| 2023 | 0.49x | €3.89 Billion | €1.91 Billion | ▼ -19.2% |
| 2022 | 0.61x | €1.94 Billion | €1.18 Billion | ▲ +7.3% |
| 2020 | 0.57x | €2.11 Billion | €1.20 Billion | ▼ -28.6% |
| 2019 | 0.80x | €2.06 Billion | €1.64 Billion | ▲ +20.7% |
| 2018 | 0.66x | €2.23 Billion | €1.47 Billion | ▼ -12.5% |
| 2017 | 0.75x | €1.93 Billion | €1.45 Billion | ▲ +14.1% |
| 2016 | 0.66x | €1.85 Billion | €1.22 Billion | ▲ +41.3% |
| 2015 | 0.47x | €1.69 Billion | €788.50 Million | ▼ -3.6% |
| 2014 | 0.48x | €1.04 Billion | €505.80 Million | ▲ +59.5% |
| 2013 | 0.30x | €1.02 Billion | €310.70 Million | ▲ +6.7% |
| 2012 | 0.28x | €1.02 Billion | €290.40 Million | ▼ -75.1% |
| 2011 | 1.14x | €786.30 Million | €897.20 Million | ▼ -0.3% |
| 2010 | 1.14x | €871.50 Million | €997.80 Million | ▼ -32.6% |
| 2009 | 1.70x | €413.13 Million | €702.02 Million | ▲ +27.6% |
| 2008 | 1.33x | €703.90 Million | €937.12 Million | ▲ +134.0% |
| 2007 | 0.57x | €869.85 Million | €494.97 Million | ▼ -36.4% |
| 2006 | 0.89x | €610.57 Million | €546.23 Million | ▼ -23.3% |
| 2005 | 1.17x | €530.51 Million | €619.13 Million | ▲ +62.6% |
| 2004 | 0.72x | €462.06 Million | €331.60 Million | ▼ -46.4% |
| 2003 | 1.34x | €351.00 Million | €469.88 Million | ▲ +12.5% |
| 2002 | 1.19x | €333.75 Million | €397.23 Million | ▼ -23.3% |
| 2001 | 1.55x | €229.80 Million | €356.67 Million | ▲ +49.7% |
| 2000 | 1.04x | €149.57 Million | €155.10 Million | ▲ +19.0% |
| 1999 | 0.87x | €124.41 Million | €108.45 Million | ▲ +2.1% |
| 1998 | 0.85x | €92.05 Million | €78.55 Million | ▼ -88.1% |
| 1997 | 7.15x | €2.52 Million | €18.05 Million | ▲ +2284.6% |
| 1996 | 0.30x | €39.70 Million | €11.91 Million | — |